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Coal Chemical Industry to Play a Major Role in China's Efforts to Alleviate Environmental Pollution and Reduce Oil Import

Posted on: Tuesday, 23 January 2007, 00:00 CST

Research and Markets (http://www.researchandmarkets.com/reports/c48901) has announced the addition of China Coal Chemical Industry Report, 2006 to their offering.

China is short of oil and gas resources while coal resources are relatively abundant. Due to the oil shortage as well as the high price, the application of advanced coal transformation technology is needed to reorganize the chemical industrial structure. Moreover, it is also a strategy for China to be more independent concerning oil imports, to better-control the environmental pollution as well as to ensure their energy security and to maintain sustainable economic development in the 21st century.

Chinas raw coal output in 2005 totalled 2.198 billion tons with a year-on-year growth of 12.37%, which increased by double compared to 998 million tons in 2000. The annual compound growth was 17.10%. The output in 2004 was 1.956 billion tons with a year-on-year growth of 13.2%, up 228 million tons. However, coal shortage still exists.

Being the key project of medium-and-long-term national energy development strategy, the coal chemical industry will major in the production of clean energy and substitutes for oil such as diesel, petrol, aviation fuel, liquefied petroleum gas, methyl alcohol, and dimethyl aether etc. It is expected to be a new emerging industry integrated with technology of energy resources and chemical engineering. The coal chemical industry, as an important player in the sustainable development of Chinas energy resources in the next twenty years, will alleviate environmental pollution caused by burning coals, and reduce oil import. In a word, there will be great market demand and opportunities in Chinas coal chemical industry.

Some coal-mining enterprises and regions are currently taking advantage of abundant resources and regard coal chemical engineering as the top priority for their further development. Great efforts have been made in the reorganization of the industrial structure based on the coal chemical. Generally speaking, the coal chemical industry is still at the initial stage, and much related to such fields as coal, chemical, petroleum, electricity, etc., thus requires huge investments and intensive technology to develop inevitably by means of integration. At the same time, overall planning, technical research & development and systematic optimization are needed to coordinate its development.

Based on the data from China Coal Industry Association, China Petroleum and Chemical Industry Association, the National Bureau of Statistics, this report comprehensive and detailed study the development conditions and opportunities of Chinas coal chemical industry, analyses current development trend, offers prediction and assessment on opportunities and risks of different coal chemical industrial chains, and presents our views and suggestions. The report is of referential importance for coal and coal chemical enterprises as well as institutions and individuals planning to invest in the industry.

1 Overview of the coal chemical industry

2 Current development of Chinas coal chemical industry

3 Clean coal

4 Coal-generated methanol

5 Coal-converted oil

6 Other coal chemical industries

7 Analysis of new coal chemical industry development

8 Analysis of major coal and coal chemical industry

8.1 Yanzhou Coal Mining Co., Ltd.

8.2 Henan Shenhuo Coal Industry and Electricity Power Co., Ltd.

8.3 Shanxi Xishan Coal and Electricity Power Co., Ltd.

8.4 Shanxi Lanhua Sci-Tech Venture Co., Ltd.

8.5 Shanxi Guoyang New Energy Co., Ltd.

8.6 Zhengzhou Coal Industry&Electricity Power Co., Ltd.

8.7 Kailuan Clean Coal Co., Ltd.

8.8 Anhui Hengyuan Coal Industry and Electricity Power Co., Ltd.

8.9 Shenhua Group Corporation Limited

8.10 China National Group Corporation

8.11 Datong Coal Ming Group Co., Ltd.

8.12 Ningxia Coal Group Corporation Limited

8.13 Shanxi Coking Co.,Ltd

8.14 Shanxi Antai Group Co., Ltd.

8.15 Anhui Huaihua Group Co., Ltd.

9 Investment prospect and strategic analysis of Chinas coal chemical industry

10 Trend of the coal chemical industry development and strategic analysis

Selected Charts

For more information visit http://www.researchandmarkets.com/reports/c48901

Source: Business Wire

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